KUMBO
ActiveSummary
The computed 12-month bankruptcy probability of KUMBO is 6.4% (elevated). The 2024 annual accounts show equity of €66k and a net result of €56k. Equity is growing by ~85.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 18941 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency70▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
6.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.83 against 1.67 in 2023; short-term debt: 54.7% and cash: 47.6% of total assets), but 54.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
106 d late
2023
328 d late
2022
49 d late
2021
51 d late
2020
82 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€66k▲ 58.2%
2023 · €42k
2020: €7k
2021: €7k
2022: €14k
2023: €42k
2020 → 2024
Total assets
€145k▲ 40.6%
2023 · €103k
2020: €44k
2021: €22k
2022: €38k
2023: €103k
2020 → 2024
Net result
€56k▼ 6.2%
2023 · €60k
2020: €29k
2021: €492
2022: €6k
2023: €60k
2020 → 2024
Working capital
€66k▲ 58.2%
2023 · €42k
2020: €7k
2021: €7k
2022: €14k
2023: €42k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€7k▲ 7.3%€14k▲ 87.7%€42k▲ 205%€66k▲ 58.2%
Operating result€29k-€823▼ 97.2%€5k▲ 547%€58k▲ 995%€54k▼ 7.5%
Net result€29k-€492▼ 98.3%€6k▲ 1,196%€60k▲ 840%€56k▼ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €145k
Equity
€66k ▲ 58.2%
Debt
€79k ▲ 28.7%
Debt's share of the balance-sheet total falls from 59.7% to 54.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.83▲
2023 · 1.67
Quick ratio
1.60▲
2023 · 1.43
Debt to equity
1.21▼
2023 · 1.48
ROE
85.4%▼
2023 · 144.1%
ROA
38.7%▼
2023 · 58.1%
Debt ≤ 1 year
€79k▲
2023 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€103k€145k▲
Current assets29/58€103k€145k▲
Stocks and contracts in progress3€15k€18k▲
Stocks30/36€15k€18k▲
Amounts receivable within one year40/41€56k€58k▲
Other amounts receivable41€56k€58k▲
Cash at bank and in hand54/58€33k€69k▲
Equity and liabilities
Total equity and liabilities10/49€103k€145k▲
Equity10/15€42k€66k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Reserves13€300€300=
Non-distributable reserves130/1€300€300=
Legal reserve130€300€300=
Profit (loss) carried forward14€38k€62k▲
Amounts payable17/49€62k€79k▲
Amounts payable within one year42/48€62k€79k▲
Trade debts44€13k€18k▲
Suppliers440/4€13k€18k▲
Taxes, remuneration and social security45€17k€30k▲
Taxes450/3€17k€30k▲
Other amounts payable47/48€32k€32k=
Income statement
Code20232024
Other operating charges640/8€180€1k▲
Gross operating margin9900€58k€55k▼
Operating profit (loss)9901€58k€54k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€573€953▲
Recurring financial charges65€573€953▲
Profit (loss) for the period before taxes9903€60k€56k▼
Profit (loss) for the period9904€60k€56k▼
Profit (loss) for the period to be appropriated9905€60k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€94k▲
Profit (loss) brought forward from the previous period14P€10k€38k▲
Profit to be distributed694/7€32k€32k=
Directors or managers695€32k€32k=
Timeline · acts, filings and financial milestones
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 328 days late
2023
31-12
Financial
Highest result since 2020net €60k ▲840%
Operating result €58k, net result €60k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 49 days late
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
2021
31-12
Financial
Weakest financial yearnet €492 ▼98.3%
Net result drops to €492, the lowest in the series; recovery starts the following year.
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zuidlaan 1301000 BrusselGround area
143 m²
Building footprint
143 m²
Volume, LiDAR
1,759 m³
Parcel 21809K0567/00V000, Brussels · tallest building 19.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Zuidlaan 130, 1000 Brussel
since 20192.296.737.888
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0567/00V000 | Brussels | 143 m² | 1 · 143 m² | 19.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.296.737.888
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,210 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.